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EIM

Eaton Vance Municipal Bond Fund

111 hedge funds and large institutions have $300M invested in Eaton Vance Municipal Bond Fund in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 60 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 16

1% less funds holding

Funds holding: 112111 (-1)

7.85% less ownership

Funds ownership: 35.25%27.4% (-7.8%)

23% less capital invested

Capital invested by funds: $392M → $300M (-$91.9M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

73% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 60

Holders
111
Holders Change
-1
Holders Change %
-0.89%
% of All Funds
2.41%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
16
Increased
16
Reduced
60
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$118M -$22.1M -1,776,451 -16%
Wells Fargo
2
Wells Fargo
California
$28.5M -$7.71M -618,761 -21%
PPA
3
Parametric Portfolio Associates
Washington
$15.6M -$6.28M -504,303 -29%
BI
4
Bramshill Investments
Florida
$15.4M -$6.71M -538,800 -30%
1CP
5
1607 Capital Partners
Virginia
$13M -$3.17M -254,097 -20%
JP Morgan Chase
6
JP Morgan Chase
New York
$11.1M -$3.86M -309,790 -26%
RVPG
7
Relative Value Partners Group
$8.46M -$2.62M -209,968 -24%
GC
8
Guggenheim Capital
Illinois
$5.51M -$798K -64,093 -13%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$4.76M -$4.3M -344,789 -47%
DWM
10
Dakota Wealth Management
Florida
$4.41M -$623K -49,994 -12%
VanEck Associates
11
VanEck Associates
New York
$4.35M -$664K -53,340 -13%
SIA
12
Sit Investment Associates
Minnesota
$4.12M -$3.93M -315,380 -49%
Fiera Capital (Canada)
13
Fiera Capital (Canada)
Quebec, Canada
$3.93M +$3.94M +315,896 New
Morgan Stanley
14
Morgan Stanley
New York
$3.85M -$372K -29,832 -9%
AAM
15
Advisors Asset Management
Colorado
$3.44M -$594K -47,656 -15%
RJA
16
Raymond James & Associates
Florida
$3.17M -$274K -22,008 -8%
VCM
17
Vivaldi Capital Management
Illinois
$3.05M -$259K -20,793 -8%
OA
18
Oxbow Advisors
Texas
$2.99M -$1.03M -82,379 -25%
JWA
19
JFS Wealth Advisors
Pennsylvania
$2.6M +$20.3K +1,628 +0.8%
PWP
20
Private Wealth Partners
California
$2.36M -$226K -18,149 -9%
UBS Group
21
UBS Group
Switzerland
$2.3M +$164K +13,131 +8%
Stifel Financial
22
Stifel Financial
Missouri
$2.18M -$109K -8,726 -5%
Ameriprise
23
Ameriprise
Minnesota
$2.15M +$122K +9,832 +6%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$2.08M -$399K -32,022 -16%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$2.04M -$194K -15,582 -9%

EIM Hedge Fund Activity: Q2 2019 in Review

111 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q2 2019, worth a combined $300M — down 23% from $392M a quarter earlier.

Fund positioning in EIM was balanced in Q2 2019: 16 funds opened new positions, 16 closed out, 16 added to existing stakes and 60 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $3.94M. The largest seller was Karpus Investment Management, cutting an estimated $22.1M.

  • 111 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q2 2019, down from 112 in Q1 2019.
  • Funds reported $300M of Eaton Vance Municipal Bond Fund stock for Q2 2019, down 23% quarter-over-quarter.
  • 16 funds opened new Eaton Vance Municipal Bond Fund positions in Q2 2019 and 16 closed out, a net change of 0 holders.
  • The largest Eaton Vance Municipal Bond Fund buyer in Q2 2019 was Fiera Capital (Canada), an estimated $3.94M added.
  • The largest Eaton Vance Municipal Bond Fund seller in Q2 2019 was Karpus Investment Management, an estimated $22.1M sold.

Based on aggregated 13F filings for Q2 2019.